American Reverse Mortgage

http://www.americanreverse.com Call Us Toll-Free
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REVERSE MORTGAGE : What Is A Reverse Mortgage?
A Reverse Mortgage is a loan against your home that you do not have to pay back as long as you continue to own and live in the home. With a Reverse Mortgage, you can turn the value of your home into cash without having to move or to make a payment each month. The safest Reverse Mortgage is the Federal Housing Administration Home Equity Conversion Mortgage (HECM) that is insured and regulated by the United States Government.

The cash you get from a Reverse Mortgage can be paid to you in several ways:

• all at once, in a single lump sum of cash

• as a regular monthly cash advance

• as a line of credit drawing on the loan proceeds, letting you decide when and how
much of your available cash is paid to you

• a combination of these payment methods

No matter how this loan is paid out to you, you do not pay back a dime until you die, sell your home, or permanently move out of your home. To be eligible for the FHA HECM Reverse Mortgage, you must own your home and be sixty-two (62) years of age or over.
http://www.americanreverse.com Call Us Toll-Free
888-370-6620

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